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Compute the Total and Annual Returns on the Described Investment 77.03%- 77.03 \%

Question 239

Multiple Choice

Compute the total and annual returns on the described investment.
-Four years after buying 800 shares of XYZ stock for $40 per share, you sell the stock for $3000.


A) Total Return: 77.03%- 77.03 \%
Annual Return: 37.97%- 37.97 \%

B) Total Return: 81.56%- 81.56 \%
Annual Return: 40.20%- 40.20 \%

C) Total Return: 95.16%- 95.16 \%
Annual Return: 46.90%- 46.90 \%

D) Total Return: 90.62%- 90.62 \%
Annual Return: 44.67%- 44.67 \%

Correct Answer:

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